Russia's Aeroflot will recommend 2025 dividend payment-CEO
Aeroflot carried 55.3 million passengers last year
ATT Desk Report
The management of Russia’s national carrier Aeroflot (AFLT.MM), opens new tab will recommend paying dividends for 2025, the airline's CEO Sergey Alexandrovskiy said in an interview with Rossiya-24 news channel recently, reports Reuters.
"As management, we are currently working on options and recommendations regarding the payment of dividends. Management will make a recommendation regarding the payment of dividends for 2025," he said.
Aeroflot paid a dividend of 5.27 roubles ($0.0654) per share for 2024, based on a new policy which provides for paying out 50% of its adjusted net profit according to IFRS standards.
Alexandrovskiy also said he was keeping forecasts for air traffic and financial performance for the current year unchanged despite market turbulence.
Aeroflot carried 55.3 million passengers last year, increasing passenger traffic by 0.1% year-on-year. The company aims to maintain traffic volume this year at least at the 2025 level, Alexandrovskiy said earlier.
